Micro marketing environment
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Transcript of Micro marketing environment
MICRO MARKETING ENVIRONMENTMICHAEL CHIPHWANYA
THE MARKET ENVIRONMENT
The firm’s ability to build and maintain
successful relationships with
customers.
LEVELS OF THE ENVIRONMENT
MICRO• Small forces within the company
MESO• The industry the company
operates
MACRO• Large societal forces
MICRO ENVIRONMENT
The elements in an organization’s immediate area of operations that affect
its performance and decision making.
FACTORS OF THE MICRO-ENVIRONMENT
These are close to a business and
have direct impact on its business operations and
success.
Employees
Customers
Suppliers
Distribution
Channels
Competitors
The General Public
EMPLOYEES
The business employs staff who through
motivation, skills and experience will affect
customer service, customer experience and ultimately sales.
CUSTOMERS
The firm is to aim to attract and retain
customers through products that meet
their “wants and needs” and provide excellent customer
services.
SUPPLIERS
A supplier’s behaviour will directly impact
the business it supplies inherently
impacting the customer experience
quality
CHANNEL DISTRIBUTION
COMPETITORS
Competitors influence your
actions as a firm and their actions
will influence your own marketing
plan
THE GENERAL PUBLIC
The general public constitutes
stakeholders who may not generally
be paying customers but who have an influence on the
decisions carried out by a business
“The heart of marketing is behaviour
modification, and this will remain our
focus” – Jennifer S. Nelson
Jennifer S. Nelson, Global Director/Global strategy and insights, Johnson & Johnson